Dalton Industries Inc. (OTCMKTS:UMGP) Sees Large Increase in Short Interest

Dalton Industries Inc. (OTCMKTS:UMGPGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 12,572 shares, an increase of 648.3% from the May 14th total of 1,680 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 65,918 shares, the days-to-cover ratio is presently 0.2 days.

Dalton Industries Trading Up 6.0%

Shares of Dalton Industries stock traded up $0.00 during trading hours on Wednesday, reaching $0.05. The stock had a trading volume of 5,004 shares, compared to its average volume of 61,860. The firm has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $0.08. The firm has a market capitalization of $1.88 million, a price-to-earnings ratio of -5.10 and a beta of 0.19. Dalton Industries has a 1 year low of $0.02 and a 1 year high of $0.15.

About Dalton Industries

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Universal Media Group Inc, a media company, produces and distributes media content worldwide. It produces On The Mike, a TV show that primarily include celebrity interviews, music concerts, and other events. The company was formerly known as Dalton Industries Inc and changed its name to Universal Media Group Inc in January 2016. Universal Media Group Inc was founded in 1971 and is based in Boca Raton, Florida.

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